In a significant move within the cryptocurrency market, a major whale recently orchestrated a strategic reshuffling of their portfolio. This maneuver involved the sale of a staggering 1.97 trillion PEPE tokens, resulting in a lucrative profit of $3.49 million for the investor. Seizing the opportunity to capitalize on potential market shifts, the proceeds from this […]
Pro-XRP Lawyer Slams Elizabeth Warren Amid Coinbase CLO’s SEC Rebuke
In a social media post shared on X today, March 1, pro-XRP lawyer Bill Morgan hammered Elizabeth Warren, a member of the Democratic Party, concerning her positive stance on the U.S. SEC’s overreach in crypto assets. While the SEC faces backlash globally, Morgan’s post specifically cracked down on Coinbase CLO Paul Grewal’s SEC rebuke regarding […]
SOL Price Shoots Past $135 As Solana DeFi Ecosystem Thrives
After a solid rally earlier this week, the broader crypto market has paused for a while, however, Solana (SOL) continues its upward momentum with 10% gains for the second consecutive day. The daily trading volume for Solana has crossed $7 billion while the Solana price is up by 30% on the weekly charts. Interestingly, market […]
Bitcoin Options Expiry Today, BTC Price Max Pain Point At $55K
The world’s largest cryptocurrency Bitcoin (BTC) had a phenomenal price rally this week shooting all the way to $64,000. Since then, the Bitcoin price has faced some retracement and currently trading at $61,158 levels with a market cap of $1.2 trillion. Today is the weekly Bitcoin options expiry with traders expecting some volatility going ahead. […]
Sam Altman’s OpenAI To Reshuffle Board Amid SEC Scrutiny, What’s Next?
Amid mounting regulatory challenges, Sam Altman’s OpenAI, widely known for its AI chatbot ChatGPT, is set to undergo a significant transformation in its board composition. According to recent reports, the company is gearing up to appoint new board members as it navigates through a tumultuous period marked by regulatory investigations and internal leadership turmoil. OpenAI […]
XRP Lawyer Reacts on Vanguard CEO’s Early Departure, Here’s Why
Vanguard has maintained a cautious stance on cryptocurrency investment products, citing concerns over the volatility and regulatory uncertainty surrounding digital assets. Prior to the approval of Bitcoin investment products, Vanguard explicitly stated its reluctance to participate in offering such products, deeming the investment case for digital assets as “weak.” XRP Lawyer, also known as Bill […]
Elon Musk’s X Faces Legal Heat As Judge Doubts Lawsuit Validity Against CCDH
In a legal battle highlighting the contentious realm of social media governance, a U.S. judge hinted at the potential dismissal of a lawsuit filed by Elon Musk’s X Corp, formerly known as Twitter, against the Center for Countering Digital Hate (CCDH). Notably, the lawsuit alleged that CCDH’s critique of rising hate speech on the platform […]
AI’s Market Influence Expands as US Military Joins the Fray
The US military has decided to incorporate AI-based software to find targets in war zones. Artificial intelligence’s use in warfare has always been a controversial realm. However, the integration of AI by many security forces and militaries makes it more evident that AI warfare is already here. US Military Incorporates AI to Find Targets According […]
New York Community Bank (NYCB) Stokes Banking Failure as Shares Slump 21%
With a lot of adjustments going on in New York Community Bancorp (NYCB), the regional bank has seen a significant fall in its shares. Looming Strain for New York Community Bank Following a change in leadership as well as some internal control issues, NYCB shares fell by almost 20% in extended trading on Thursday. The […]
Kraken Receives Blockchain Association’s Backing In SEC Battle
Kraken, a prominent cryptocurrency exchange, finds itself entangled in a legal skirmish with the U.S. Securities and Exchange Commission (SEC). The SEC has levied allegations against Kraken, accusing the exchange of various violations. These allegations primarily revolve around regulatory concerns and compliance issues within the cryptocurrency space. The implications of this legal battle extend beyond […]